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20121127
20121127
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, just say you don't know what happened. >> reporter: rice needs the senate support if president obama chooses her to be the next secretary of state. ambassador rice met with lawmakers in a secure room behind this group of cameras here on capitol hill to discuss classified information. an aide to senator john mccain says she requested the meeting. afterwards, rice issued a statement saying the talking points the intelligence community gave her were incorrect and that at no time did she or anyone in the obama administration intend to mislead the american people. the white house worked to reinforce that tuesday. >> ambassador rice has no responsibility for collecting, analyzing and providing intelligence. >> reporter: acting cia director michael morrell joined rice's capitol hill meeting to help her field questions. danielle nottingham cbs 5. >>> president obama is making a public case this week for his approach to avert the "fiscal cliff." he is meeting today and tomorrow with small business owners and middle class families and he will visit a small business in pennsylvania on friday. n
. >>> president obama meets with small business owners today to promote his solution to the fiscal cliff. the deadline is now 35 days away. the president is holding more events tomorrow and friday. "new york times" reports this morning that a budget deal could reduce the tax deduction millions pay on their mortgage interest. nancy cordes is on capitol hill. good morning. >> reporter: good morning to you, charlie, and norah. the president and house speaker john boehner spoke by phone over the weekend. top aides in the house and senate tell us that negotiations at this point are just taking place between the president's staff and speaker boehner's staff. that's because any deal that involves raising tax revenue is going to face its biggest challenge in the republican-led house. top republicans returning from thanksgiving recess urged the president to make the first offer in fiscal cliff negotiations. and they expressed a new openness to raising tax revenue, if democrats agree to make cuts to strengthen medicare and medicaid. >> elections come and go. and when they g
three weeks left before the fiscal cliff, the clock is ticking for president obama and congress. >> the clerk will read the communication. >> reporter: lawmakers are back at work and under the deadline pressure. >> we can solve the greatest economic emergency facing the nation today. >> reporter: white house economist say without a deal to avoid the fiscal cliff, americans may start closing their wallets during the critical holiday shopping season. and curb their spending well into next year. >> they think that it is important that congress extends the middle class tax cuts without delay, without drama. and it is because it will help to maintain the increase in the consumer confidence that we have seen. >> reporter: both sides say they are ready to compromise to avoid the nearly $600 billion in tax hikes and mandatory spending cuts, scheduled to kick in on january 1. but the taxes, they remain the sticking point. republicans and congress, they have been long opposed to any tax increases, but the gop lawmakers say that they are open to raising more revenues through the tax ref
obama is seeking. >> susan mcginnis in washington this morning. thank you so much. >>> amid sky high approval ratings in the wake of superstorm sandy, new jersey governor chris christie said he will be seeking re-election next year. he said the preliminary damage from sandy is nearly $30 million. christie says he's in it for the long haul to help jersey recover. >>> coming up on the morning news, click and shop. cyber monday rings up record sales on what's expected to be the busiest online shopping day of the year. this is the morning news. [ female announcer ] born from the naturally sweet monk fruit, something this delicious could only come from nature. now from the maker of splenda sweeteners, discover nectresse. the only 100% natural, no-calorie sweetener made from the goodness of fruit. the rich, sweet taste of sugar. nothing artificial. ♪ it's all that sweet ever needs to be. new nectresse. sweetness naturally. starts with ground beef, unions, and peppers baked in a ketchup glaze with savory gravy and mashed russet potatoes. what makes stouffer's meatloaf best of all? that mo
that the benghazi attack was spontaneous violence. the obama administration later said it was a terrorist attack. rice heads to capitol hill today to meet with three of her harshest critics senators john mccain, lindsay graham and kelly ayotte. mccain now willing to hear her side of the story. >> i will be glad to meet with her and listen to her positions and justification for her comments but i'm -- i'm very unhappy with her performance. >> reporter: graham is also looking forward to hearing from rice. >> there will be a lot of questions asked of her about this event and others. >> reporter: ayotte told cnn that rice's staff contacted her about the meeting. she believes it will focus on rice's, quote, representations of what happened at benghazi. rice is considered a top pick to replace secretary of state hillary clinton who said she will leave her post when a replacement is found. mccain, graham and ayotte all said they would block any effort to advance rice if she is nominated. i'm ed payne, reporting. >> later this week rice will meet with acting cia director mike morrell as well as senator
cliff is looming as lawmakers on capitol hill look for ways to hit the brakes. president obama and members of congress got back to work today after the holiday break. cbs reporter danielle nottingham on the warning tonight from the white house. >> reporter: lawmakers are back at work and under deadline pressure. >> we can solve the greatest economic emergency facing the nation today. >> reporter: white house mommists say without a deal to avoid the fiscal cliff, americans may start closing their wallets during the critical shopping season and curb their spending into next year. >> they think it is important that congress extend the middle class tax cuts without delay and drama is because it will help to maintain the increased consumer confidence we've seen. >> reporter: both sides say they are ready to compromise to avoid the nearly $600 billion in tax hikes and mandatory spending cuts scheduled to kick in on january 1st. but taxes remain the sticking point. republicans in congress have been long opposed to any tax increases, but gop lawmakers say they are open to raising more
democrats and republicans a little closer together. >>> reporter: president obama will begin a media blitz this week highlighting his efforts to steer clear of the "fiscal cliff." he will first meet with small business owners at the white house today. at the other end of pennsylvania avenue, fellow democrat senator dick durbin will give what's being called a major speech laying out a case for a bipartisan deal. durbin's a member of the senate's gang of 8, four democrats and four republicans who have collaborated on ways to reduce the nation's debt for 2 1/2 year. democratic senator mark warner is also in the gang and says democrats are willing to put entitlements like medicaid and medicare on the negotiating table. >> the math just doesn't work anymore not because the programs are bad but because thank goodness we're living a lot longer. >> reporter: republicans are also signalling they are more open to compromise. they say they will agree to raising tax revenue by limiting deductions for the wealthy. >> without compromising our principles we reco
Search Results 0 to 6 of about 7